Thank you all for the replies, I do appreciate the quick response. I would have said something sooner but I just had my internet hooked up today and previously I had to go to McDonalds for it (lol). Anyways...
To answer So_Powerful, it had about 192k miles when I purchased it. But only a few months later, and I've already put about 4k on it myself. I do alot of long-distance travel; 36 mi trip to work (one way), 400 mi trip from one of my parents to the other (one way, still), and for school (if I don't get into the dorms this year), a 40 mile (one way) trip to the college, then 40 miles back home. I was a bit nervous subjecting the car to such torture, but it runs better than any other vehicle that anyone owns in my family (not to mention cheaper on gas). Even if it still does run 'like new,' I guess that wouldn't make it very tempting to purchase for any decent sum.
@Petros, I live in the upper peninsula of Michigan. I've never seen any of these older Tercels around here in my life other than the one I purchased, but then again, this is probably due to the extreme climate not catering to owners of small vehicles. Most people drive their trucks and sedans for safety (against deer and the elements). That is part of why I assumed they were 'rare', I suppose. I was shocked to find any Toyota for less than $1000. That's usually the base price for the older models around here.
As for maintaining the vehicle, I know how to perform a number of the repairs. I'd even do some body-work if I had the equipment, but given the feedback from you guys, I can't imagine acquiring such tools would be worth the payout.
If the car keeps running as well as it has, I think I may just keep it alive for as long as it will go. I've only had to have a few minor repairs done to it. The muffler broke off at the catalytic converter so I had to have it sliced off and had a straight pipe replace it. The previous owner had replaced the front seats with two different, torn up seats so...I bought covers. The speakers were shot and the stereo didn't work so I had to replace that but...yeah...it's been great otherwise

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Thanks again for the feedback. I'm sure I'll have other questions down the road
